FedEx (FDX) Offering Possible 16.41% Return Over the Next 27 Calendar Days

FedEx’s most recent trend suggests a bullish bias. One trading opportunity on FedEx is a Bull Put Spread using a strike $190.00 short put and a strike $180.00 long put offers a potential 16.41% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $190.00 by expiration. The full premium credit of $1.41 would be kept by the premium seller. The risk of $8.59 would be incurred if the stock dropped below the $180.00 long put strike price.

The 5-day moving average is moving up which suggests that the short-term momentum for FedEx is bullish and the probability of a rise in share price is higher if the stock starts trending.

The 20-day moving average is moving up which suggests that the medium-term momentum for FedEx is bullish.

The RSI indicator is above 80 which suggests that the stock is in overbought territory.

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FedEx partnership helps build capacity of local small businesses
Thu, 18 Apr 2019 17:55:53 +0000
Forty six years ago, a small business launched in Memphis known as Federal Express. Now they want to help the next generation of small businesses.

FedEx Releases 2019 Global Citizenship Report
Thu, 18 Apr 2019 15:13:00 +0000
FedEx Corp. (FDX) announced today the online release of its 2019 Global Citizenship Report (GCR), which details how the company connects the world responsibly and resourcefully. The 11th annual report includes updates on the progress of the company’s citizenship goals in FY18, which ended on May 31, 2018, and focuses on the company’s corporate social responsibility strategies in three key areas: Company (Economy), People, and the Environment. FedEx multiplies opportunities using our vast network reaching more than 99 percent of the world’s GDP, while creating growth for customers, greater potential for our people and efficiencies for the environment.

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